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BTIG Bullish On GrubHub, Says Company Can Quadruple Restaurant Footprint
Wednesday, April 3, 2019 - 10:05am | 388Read More...Online and mobile food ordering and delivery company GrubHub Inc (NYSE: GRUB) could more than quadruple its existing footprint, according to BTIG. The Analyst BTIG's Peter Saleh initiated coverage of GrubHub with a Buy rating and $95 price target. The Thesis GrubHub has partnerships with...
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BTIG Raises Apple's Price Target, But Stock Could Be 'Ripe' For Near-Term Sell-Off
Monday, March 25, 2019 - 8:45am | 339Read More...Ahead of Apple Inc. (NASDAQ: AAPL)'s scheduled presentation Monday, BTIG turned more bullish on the stock over the longer term. The Analyst BTIG's Walter Piecyk maintains a Buy rating on Apple with a price target lifted from $189 to $220. The Thesis Apple's event titled "It's...
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Analyst Optimism Pushes Snap Shares Higher
Thursday, March 14, 2019 - 9:07am | 453Read More...For the first time since initiating coverage of Snap Inc (NYSE: SNAP)'s stock in 2017, BTIG is comfortable with a bullish stance despite multiple missteps over the past few years. The Analysts BTIG's Richard Greenfield upgraded Snap from Neutral to Buy with a new $15 price target. Jefferies...
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BTIG Likes MercadoLibre's Prospects In Brazil
Wednesday, March 13, 2019 - 2:12pm | 385Read More...The fintech industry is booming in Latin America, and one analyst sees a winner in Mercadolibre Inc (NASDAQ: MELI). The Rating BTIG analyst Marvin Fong maintained a Buy rating on MercadoLibre and raised his price target from $395 to $410. The Thesis By BTIG’s assessment, the fintech company...
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BTIG Downgrades Orthofix Medical On M6 Uncertainty
Tuesday, February 26, 2019 - 12:22pm | 343Read More...Orthofix Medical Inc (NASDAQ: OFIX) reported quarterly results Monday that were broadly in-line with expectations while guiding to higher spending and linear revenue growth. Investors can look past the guidance and the announcement of CEO Brad Mason's retirement during a...
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BTIG Projects Rising Twitter User Numbers, Strong EBITDA
Wednesday, February 13, 2019 - 11:18am | 352Read More...Twitter Inc (NYSE: TWTR) reported top- and bottom-line fourth-quarter beats last week to close out the 2018 fiscal year. Between that and a 10-percent increase in monetizable daily active users, or mDAUs, the social media platform has analyst hearts aflutter. The Analyst BTIG analyst...
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BTIG Says Buy The Dip In Medtronic
Tuesday, January 15, 2019 - 4:00pm | 381Read More...Shares of medical technology company Medtronic PLC (NYSE: MDT) were flirting with the $100 per share mark for parts of 2018, but have since come down to a level that should be taken advantage of by investors, according to BTIG. The Analyst Analyst Sean Lavin upgraded Medtronic from...
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Sell-Side Analysts React To Olive Garden Parent Company's Earnings Beat
Wednesday, December 19, 2018 - 12:19pm | 632Read More...Darden Restaurants, Inc. (NYSE: DRI), best known for its Olive Garden and LongHorn Steakhouse brands, reported an EPS beat and slight revenue miss in its fiscal second quarter while management lifted its outlook higher. Here is a summary of how some of the Street's top analysts reacted to the...
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Online Auto Sales: BTIG Bullish On TrueCar, CarGurus
Wednesday, November 14, 2018 - 3:54pm | 558Read More...BTIG initiated coverage Tuesday of digital automotive marketplace companies TrueCar, Inc. (NASDAQ: TRUE) and CarGurus Inc (NASDAQ: CARG) with bullish stances. The Analyst BTIG's Margin Fong initiated coverage of TrueCar with a Buy rating and $13 price target. The analyst also initiated...
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BTIG Research: Etsy Is Online Leader In Handmade, Artisanal Goods
Wednesday, November 14, 2018 - 2:49pm | 458Read More...Etsy Inc (NASDAQ: ETSY) may be one of few online players that has "gotten the best of Amazon.com, Inc. (NASDAQ: AMZN)," according to BTIG Research. The Analyst Analyst Marvin Fong initiated coverage of Etsy with a Buy rating and $59 price target. The Thesis...
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Square's Guidance Miss: Analysts Speak Up
Thursday, November 8, 2018 - 1:21pm | 653Read More...Square Inc (NYSE: SQ) is getting crushed Thursday following a disappointing third-quarter earnings report. Square beat analyst expectations for earnings and revenue, but its fourth-quarter guidance disappointed Wall Street. The stock was down more than 9 percent to $74.79 at time of publication....
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Are Investors Overlooking Facebook's True Potential?
Thursday, November 1, 2018 - 4:06pm | 442Read More...Despite ongoing concerning headlines surrounding privacy, Facebook, Inc. (NASDAQ: FB) remains one of the most dominant companies in terms of mobile time spent, with a user base of more than 1 billion people. The Analyst BTIG's Rich Greenfield talked Facebook on "Bloomberg...
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Sell-Side Analysts Laud FireEye's Transformation
Wednesday, October 31, 2018 - 3:29pm | 704Read More...Cybersecurity company FireEye Inc (NASDAQ: FEYE) reported Tuesday after the close with forecast-beating third-quarter results and issued above-consensus guidance for the full year. The Analysts UBS analyst Fatima Boolani maintained a Neutral on FireEye with a $17 price target....
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Venmo, User Growth, Retail And Bank Partnerships: Analysts Discuss PayPal's Q3
Friday, October 19, 2018 - 10:22am | 654Read More...PayPal Holdings Inc. (NASDAQ: PYPL) reported third-quarter earnings after the close Thursday, and shares were surging Friday morning in reaction to the print. The Analysts Credit Suisse analyst Paul Condra set an Outperform rating and $100 price target. Raymond James analyst John...
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Square CFO Sarah Friar Departs: Analysts Debate What To Do Next With The Stock
Thursday, October 11, 2018 - 11:15am | 699Read More...Longtime Square Inc (NYSE: SQ) CFO Sarah Friar confirmed Wednesday she will step down from her post to assume the CEO title of Nextdoor, a social network for local neighborhoods. Square's stock sold off more than 15 percent Thursday. Here's a summary of how some of the Street's top...
















